True success is custom-made
When Saab was awarded the contract to deliver vital parts and systems for the CV9035NL vehicle for the Royal Netherlands
Army, Saab identified a number of growth opportunities in a completely un-related but fascinating area: life science.
Saab has its own venture capital unit, typically investing in early stage companies with international market ambitions, as well as national venture capital funds – such as, in this case, the BioGeneration Ventures fund.
Working closely with scientists, academic institutions, entrepreneurs and industry experts, the BioGeneration Ventures fund helps accelerate development, optimizing the commercial potential of the companies within its portfolio.
By investing in the fund and taking part in the supervisory board, Saab helps the next generation of Dutch life science companies grow to become internationally recognized. Building wealth – in the interests of health.
Image: Saab 2000 Erieye AEW.
A sea of opportunities
The CEROS 200 Fire Control System for ship guns has been delivered to the Swedish Navy as well as to a number of foreign navies. Saab Systems has also been awarded a contract for the development of the Tracking Radar System from the Korean Navy.
The offset commitment related to the Development Phase and the delivery of prototype systems was concluded in one year’s time through extensive Transfer of Technology relating to the soft ware and hardware design of the system.
A new outlook for Greece
As a direct result of Greece procuring the Erieye system, Saab started cooperating with Greek defence company ISI Hellas. Since then, ISI Hellas has helped develop a number of state-of-the-art systems in the framework of the Hellenic Air Force Erieye AEW&C programme. Based on this experience, and having been recognized as a reliable partner to both the Hellenic Ministry of Defence and international primes, the company has also been successful in developing new and innovative exporting capabilities.
In financial terms, the cooperation has resulted in a substantial worth of subcontracting work for ISI Hellas – and this is only the beginning.
Image: The leading Weapon Locating System (WLS) Arthur.
Locating new possibilities
As a continuation of the fruitful cooperation established under the Greek Erieye programme, Saab and Greek defence company Intracom made joint eff orts to support the sales, development and manufacturing of Arthur WLR systems for Greece. After contract award, Intracom undertook the responsibility for main part of the manufacturing, assembly and testing of the Arthur systems.
Development and deliveries of the communication infrastructure also formed part of Intracom responsibilities. The solution was based on Intracom WISPR communication system which afterwards became the standard intercom/ communication solution for the Arthur WLR product. In response to customer requests, a number of WISPR systems were also granted for use in other customer vehicle installations in Greece. The cooperation between Saab and Intracom has been successful to both parties delivering future opportunities of common interest.